When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

Core Viewpoint - The sustainability of a stock trend is crucial for successful short-term investing, and various factors must support the momentum to avoid quick reversals in price movement [1][2]. Group 1: Stock Performance - First Reliance Bancshares Inc. (FSRL) has shown a solid price increase of 16.5% over the past 12 weeks, indicating strong investor interest [4]. - FSRL has also maintained a price increase of 7.3% over the last four weeks, suggesting that the upward trend is still intact [5]. - The stock is currently trading at 99.6% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - FSRL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like FSRL that are on an uptrend supported by strong fundamentals [3]. - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8].

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

Core Insights - The article emphasizes the importance of confirming the sustainability of a trend for profitable short-term investing, highlighting that trends can reverse unexpectedly [1][2]. Group 1: Trend Analysis - A predefined "Recent Price Strength" screen is useful for identifying stocks on an uptrend supported by strong fundamentals, particularly those trading near their 52-week high [3]. - Sumitomo Corp. (SSUMY) has shown a solid price increase of 7.4% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - SSUMY has maintained a price increase of 0.8% over the last four weeks, suggesting that the upward trend is still intact [5]. Group 2: Fundamental Strength - SSUMY holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [7]. Group 3: Investment Opportunities - In addition to SSUMY, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for identifying potential winning stocks [8].

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing to maximize profits, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum in stock prices [1][2]. Group 1: Stock Performance - Perimeter Solutions, SA (PRM) has shown a solid price increase of 53.3% over the past 12 weeks, indicating strong investor interest and potential upside [4]. - The stock has also increased by 18% in the last four weeks, suggesting that the upward trend is still intact [5]. - PRM is currently trading at 106.2% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - PRM holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like PRM that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are multiple stocks passing through this screen, encouraging investors to explore additional opportunities [8].

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum. Group 1: Trend Analysis - The trend in short-term investing is crucial, and confirming its sustainability is essential for profitability [1][2] - A predefined screening strategy, "Recent Price Strength," helps identify stocks with sufficient fundamental strength to maintain their upward trend [3] Group 2: Stock Performance - Silicon Motion (SIMO) has shown a solid price increase of 34.6% over the past 12 weeks, indicating strong investor interest [4] - SIMO's price has increased by 9.8% in the last four weeks, suggesting that the upward trend is still intact [5] - Currently, SIMO is trading at 94.8% of its 52-week high-low range, indicating a potential breakout [5] Group 3: Fundamental Strength - SIMO holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6] - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [7] - The Average Broker Recommendation for SIMO is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7] Group 4: Additional Opportunities - Besides SIMO, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8] - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [8]

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Core Insights - The article emphasizes the importance of timing and sustainability in short-term investing, highlighting that while trends can be beneficial, ensuring their longevity is crucial for success [1][2] Stock Performance - Dycom Industries (DY) has shown a solid price increase of 12.6% over the past 12 weeks, indicating strong investor interest and potential upside [4] - In the last four weeks, DY's price has increased by 9.1%, suggesting that the upward trend is still intact [5] - DY is currently trading at 96.2% of its 52-week high-low range, indicating a potential breakout [6] Fundamental Strength - DY holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6] - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7] Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like DY that are on an upward trend supported by strong fundamentals [3][8] - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can assist in finding potential winning stocks [8]

Core Insights - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that confirming sound fundamentals and positive earnings estimates is crucial for maintaining momentum in stocks [1][2]. Group 1: Stock Screening and Selection - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Flux Power Holdings, Inc. (FLUX) has shown a significant price increase of 166.7% over the past 12 weeks, indicating strong investor interest [3]. - In the last four weeks, FLUX's price increased by 231.4%, suggesting that the upward trend is still intact [4]. Group 2: Fundamental Strength Indicators - FLUX is currently ranked 1 (Strong Buy) by Zacks Rank, placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong historical performance, with 1 ranked stocks averaging an annual return of +25% since 1988 [6]. - The Average Broker Recommendation for FLUX is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy and Tools - The article suggests that FLUX's price trend is likely to continue, and encourages exploring other stocks that meet the "Recent Price Strength" criteria [7]. - Investors are advised to utilize tools like the Zacks Research Wizard to backtest stock-picking strategies and identify successful investment opportunities [8].